Today is Bitcoin Pizza Day!

Happy Bitcoin Pizza Day! Today is Bitcoin Pizza Day, an annual “holiday” where Bitcoiners celebrate the special moment when Bitcoin was first used as a means of payment to buy real-world goods: when Laszlo Hanyecz paid 10,000 BTC 11 years ago to leave two pizzas at home deliver.

Above: The famous two pizzas

Every year the story comes up again: the man who paid 10,000 bitcoins for a pizza. There were two of them, by the way, and it was the first time Bitcoin was used as money to buy real-world goods.

That was an important moment in the evolution of Bitcoin. Thanks to the acquisition of Hanyecz on May 22, 2010, an important precedent was set: the value of 10,000 bitcoins was about two pizzas. Bitcoin already existed, but from that moment on bitcoin was also used as a means of payment and the bitcoin economy was born.

Every year on May 22, it is Bitcoin Pizza Day: a day to celebrate that bitcoin gained monetary value, to reflect on history and to reflect on how far we have come.

Above: Hanyecz on the Bitcoin Talk forum

The most expensive pizza ever?

Above: Laszlo’s daughter thoroughly enjoyed the pizza. Half would have ended up somewhere on her face.

Today, 10,000 BTC is worth about ??320 million: the “most expensive pizzas ever”. However, Laszlo Hanyecz says he does not regret his purchase. Bitcoins had no value at that time and he wanted to encourage the use of bitcoin at the time. The latter was, of course, quite successful.

Hanyecz had another first in 2018. He then bought two pizzas again, but this time through the brand new Lightning Network. This time it only cost him a fraction of his initial purchase: 0.00649 BTC. That is now also worth ??????? 200 euros.

Celebrating pizza day

Bitcoin Pizza Day is of course best celebrated with a pizza. Bonus points if you pay for the pizza in bitcoin! This has been possible for years via your favorite home delivery website. Maybe in the future you also ate one of the most expensive pizzas ever; so enjoy it!

Read the thread on the Bitcoin Talk forum here where Laszlo Hanyecz made his call to buy two pizzas for 10,000 BTC.

Footage: Laszlo Hanyecz

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